HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

External Parties

Table of Contents

Page

Seller

Greenwich Capital Financial Products Inc

1. Certificate Payment Report

2. Collection Account Report

Servicer(s)

3. Credit Enhancement Report

GMAC

4. Collateral Report

5. Delinquency Report

Underwriter(s)

6. REO Report

Greenwich Capital Markets, Inc.

7. Foreclosure Report

8. Prepayment Report

Cap Provider

9. Prepayment Detail Report

The Bank of New York

10. Realized Loss Report

11. Realized Loss Detail Report

12. Triggers and Adj. Cert. Report

13. Additional Certificate Report

14. Other Related Information

Total Number of Pages

Dates

Contacts

Cut-Off Date:

October 01, 2006

Radha Nilakantan

Close Date:

October 31, 2006

Administrator

First Distribution Date:

November 20, 2006

(714) 247-6319

Radha.Nilakantan@db.com

Address:

Distribution Date:

December 19, 2006

1761 East St. Andrew Place, Santa Ana, CA 92705

Record Date:

November 30, 2006

Factor Information:

(800) 735-7777

December 18, 2006

Main Phone Number:

(714) 247-6000

Determination Date:

December 15, 2006

https://www.tss.db.com/invr

Page 1 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution

Certificate Payment Report
Current Period Distribution -
				Prior						Current
	Class		Original	Principal			Total	Realized	Deferred	Principal
	Class		Original	Principal			Total	Realized	Deferred	Principal
Class	Type	Cur	Face Value	Balance	Interest	Principal	Distribution	Loss	Interest	Balance

			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
			(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1A	FLT,STEP	$	299,170,000.00	294,797,443.04	1,377,686.72	3,596,825.19	4,974,511.91	0.00	0.00	291,200,617.85
A-1A	FLT,STEP	$	299,170,000.00	294,797,443.04	1,377,686.72	3,596,825.19	4,974,511.91	0.00	0.00	291,200,617.85
A-1B	FLT,STEP	$	74,793,000.00	73,699,853.45	350,565.64	899,212.31	1,249,777.95	0.00	0.00	72,800,641.14
M-1	MEZ,STEP,FL	$	7,875,000.00	7,875,000.00	36,159.38	0.00	36,159.38	0.00	0.00	7,875,000.00
M-2	MEZ,STEP,FL	$	5,654,000.00	5,654,000.00	26,052.38	0.00	26,052.38	0.00	0.00	5,654,000.00
M-3	MEZ,STEP,FL	$	3,029,000.00	3,029,000.00	14,005.76	0.00	14,005.76	0.00	0.00	3,029,000.00
M-4	MEZ,STEP,FL	$	3,029,000.00	3,029,000.00	14,322.96	0.00	14,322.96	0.00	0.00	3,029,000.00
M-5	MEZ,STEP,FL	$	3,635,000.00	3,635,000.00	17,569.17	0.00	17,569.17	0.00	0.00	3,635,000.00
M-6	MEZ,STEP,FL	$	2,221,000.00	2,221,000.00	12,201.93	0.00	12,201.93	0.00	0.00	2,221,000.00
M-7	MEZ,STEP,FL	$	2,423,000.00	2,423,000.00	13,799.66	0.00	13,799.66	0.00	0.00	2,423,000.00
C	$	2,018,642.23	2,019,238.71	579,055.27	0.00	579,055.27	0.00	0.00	2,019,238.71
P	$	100.00	100.00	153,160.18	0.00	153,160.18	0.00	0.00	100.00
R	$	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ES	$	0.00	0.00	116,194.94	0.00	116,194.94	0.00	0.00	0.00


Total		403,847,742.23	398,382,635.20	2,710,773.99	4,496,037.50	7,206,811.49	0.00	0.00	393,886,597.70
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
					Orig. Principal	Prior				Current
					Orig. Principal	Prior				Current
	Period	Period			(with Notional)	Principal			Total	Principal
Class	Starting	Ending	Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
			Method
					(1)	(1)	(2)	(3)	(4)=(2)+(3)	(5)

A-1A	11/01/06	11/30/06	F-30/360	41162BAA1	299,170,000.00	985.384374	4.605030	12.022680	16.627710	973.361694
A-1A	11/01/06	11/30/06	F-30/360	41162BAA1	299,170,000.00	985.384374	4.605030	12.022680	16.627710	973.361694
A-1B	11/01/06	11/30/06	F-30/360	41162BAB9	74,793,000.00	985.384374	4.687145	12.022680	16.709825	973.361693
M-1	11/20/06	12/18/06	A-Act/360	41162BAC7	7,875,000.00	1,000.000000	4.591667	0.000000	4.591667	1,000.000000
M-2	11/20/06	12/18/06	A-Act/360	41162BAD5	5,654,000.00	1,000.000000	4.607779	0.000000	4.607779	1,000.000000
M-3	11/20/06	12/18/06	A-Act/360	41162BAE3	3,029,000.00	1,000.000000	4.623889	0.000000	4.623889	1,000.000000
M-4	11/20/06	12/18/06	A-Act/360	41162BAF0	3,029,000.00	1,000.000000	4.728610	0.000000	4.728610	1,000.000000
M-5	11/20/06	12/18/06	A-Act/360	41162BAG8	3,635,000.00	1,000.000000	4.833334	0.000000	4.833334	1,000.000000
M-6	11/20/06	12/18/06	A-Act/360	41162BAH6	2,221,000.00	1,000.000000	5.493890	0.000000	5.493890	1,000.000000
M-7	11/20/06	12/18/06	A-Act/360	41162BAJ2	2,423,000.00	1,000.000000	5.695279	0.000000	5.695279	1,000.000000
C	11/01/06	11/30/06	F-30/360	41161BAK9	403,847,742.23	5.000000	1.433846	0.000000	1.433846	5.000000
P		41161BAL7	100.00	1,000.000000	1,531,601.800000	0.000000	1,531,601.800000	1,000.000000
R		41162BAM5	0.00	0.000000	0.000000	0.000000	0.000000	0.000000
ES		GC06X1101	0.00	0.000000	0.000000	0.000000	0.000000	0.000000




Page 2 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution


Distribution to Date -
									Current


	Original		Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal

Class	Face Value	Interest	Principal	Principal	Principal	Distribution	Loss	Interest	Balance
(1)	(2)	(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1A	299,170,000.00	2,752,372.87	7,969,132.36	249.79	7,969,382.15	10,721,755.02	0.00	0.00	291,200,617.85
A-1B	74,793,000.00	700,472.23	1,992,296.41	62.45	1,992,358.86	2,692,831.09	0.00	0.00	72,800,641.14
M-1	7,875,000.00	61,096.88	0.00	0.00	0.00	61,096.88	0.00	0.00	7,875,000.00
M-2	5,654,000.00	44,019.54	0.00	0.00	0.00	44,019.54	0.00	0.00	5,654,000.00
M-3	3,029,000.00	23,664.90	0.00	0.00	0.00	23,664.90	0.00	0.00	3,029,000.00
M-4	3,029,000.00	24,200.87	0.00	0.00	0.00	24,200.87	0.00	0.00	3,029,000.00
M-5	3,635,000.00	29,685.84	0.00	0.00	0.00	29,685.84	0.00	0.00	3,635,000.00
M-6	2,221,000.00	20,617.05	0.00	0.00	0.00	20,617.05	0.00	0.00	2,221,000.00
M-7	2,423,000.00	23,316.67	0.00	0.00	0.00	23,316.67	0.00	0.00	2,423,000.00
C	2,018,642.23	1,203,956.13	(596.48)	0.00	0.00	1,203,956.13	0.00	596.48	2,019,238.71
P	100.00	236,251.56	0.00	0.00	0.00	236,251.56	0.00	0.00	100.00
R	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ES	0.00	233,983.86	0.00	0.00	0.00	233,983.86	0.00	0.00	0.00


Total	403,847,742.23	5,353,638.40	9,960,832.29	312.24	9,961,741.01	15,315,379.41	0.00	596.48	393,886,597.70


Interest Detail -
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or	Current
	Pass	Prior Principal		Non-	Prior	Unscheduled		Paid or

	Through	(with Notional)	Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid

Class	Rate	Balance	Interest	Interest SF	Interest	Adjustment	Interest	Interest	Interest
			(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1A	5.60800%	294,797,443.04	1,377,686.72	0.00	0.00	0.00	1,377,686.72	1,377,686.72	0.00
A-1B	5.70800%	73,699,853.45	350,565.64	0.00	0.00	0.00	350,565.64	350,565.64	0.00
M-1	5.70000%	7,875,000.00	36,159.38	0.00	0.00	0.00	36,159.38	36,159.38	0.00
M-2	5.72000%	5,654,000.00	26,052.38	0.00	0.00	0.00	26,052.38	26,052.38	0.00
M-3	5.74000%	3,029,000.00	14,005.76	0.00	0.00	0.00	14,005.76	14,005.76	0.00
M-4	5.87000%	3,029,000.00	14,322.96	0.00	0.00	0.00	14,322.96	14,322.96	0.00
M-5	6.00000%	3,635,000.00	17,569.17	0.00	0.00	0.00	17,569.17	17,569.17	0.00
M-6	6.82000%	2,221,000.00	12,201.93	0.00	0.00	0.00	12,201.93	12,201.93	0.00
M-7	7.07000%	2,423,000.00	13,799.66	0.00	0.00	0.00	13,799.66	13,799.66	0.00
C	0.00000%	2,019,238.71	0.00	0.00	0.00	0.00	0.00	579,055.27	0.00
P	0.00000%	100.00	0.00	0.00	0.00	0.00	0.00	153,160.18	0.00
R	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ES	0.00000%	0.00	0.00	0.00	0.00	0.00	0.00	116,194.94	0.00


Total		398,382,635.20	1,862,363.60	0.00	0.00	0.00	1,862,363.60	2,710,773.99	0.00



Page 3 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Collection Account Report

SUMMARY

Total

Principal Collections

4,496,037.50

Principal Withdrawals

0.00

Principal Other Accounts

0.00

TOTAL NET PRINCIPAL

4,496,037.50

Interest Collections

2,590,409.03

Interest Withdrawals

-0.00

Interest Fees

-32,795.22

Interest Other Accounts

153,160.18

TOTAL NET INTEREST

2,710,773.99

TOTAL AVAILABLE FUNDS FOR DISTRIBUTION

7,206,811.49

PRINCIPAL - COLLECTIONS

Total

Scheduled Principal Received

312.23

Curtailments

(1,304,540.04)

Prepayments In Full

5,800,265.31

Repurchased/Substitutions

0.00

Liquidations

0.00

Insurance Principal

0.00

Other Additional Principal

0.00

Delinquent Principal

-0.00

Realized Losses

-0.00

Advanced Principal

0.00

TOTAL PRINCIPAL COLLECTED

4,496,037.50

PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

Total

TOTAL PRINCIPAL OTHER ACCOUNTS

0.00

Page 4 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

INTEREST - COLLECTIONS

Total

Scheduled Interest

2,686,405.46

Repurchased/Substitution Interest

0.00

Liquidation Interest

0.00

Insurance Interest

0.00

Other Additional Interest

0.00

Prepayment Interest Shortfalls

-20,302.96

Delinquent Interest

-2,075,280.92

Compensating Interest

20,302.96

Civil Relief Act Shortfalls

-0.00

Interest Realized Loss

0.00

Interest Advanced

1,979,284.49

TOTAL INTEREST COLLECTED

2,590,409.03

INTEREST - WITHDRAWALS

Total

Non Recoverable Advances

0.00

Extraordinary Trust Fund Expenses

0.00

TOTAL INTEREST WITHDRAWALS

0.00

INTEREST - OTHER ACCOUNTS

Total

Prepayment Charges

153,160.18

Cap Fund

0.00

TOTAL INTEREST OTHER ACCOUNTS

153,160.18

INTEREST FEES

Total

Current Servicing Fees

28,498.15

Trustee Fees

2,655.88

Credit Risk Fee

1,641.19

TOTAL INTEREST FEES

32,795.22

Page 5 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Credit Enhancement Report

ACCOUNTS

Final Maturity Reserve Account

Beginning Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Reserve Acct

Beginning Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

Yield Maint Acct

Beginning Balance

0.00

Amount Deposited

0.00

Amount Withdrawn

0.00

Ending Balance

0.00

INSURANCE

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

Total

Overcollateralized Amount - Prior Period

2,019,238.71

Current Period Principal Realized Losses

0.00

Overcollateralized Amount - After Current Losses

2,019,238.71

Extra Principal Distribution Amount

0.00

Overcollateralization Reduction Amount

0.00

Overcollateralized Amount - Ending

2,019,238.71

Overcollateralization Deficiency Amount

0.00

Overcollateralization Excess Amount

0.00

Overcollateralization Target Amount

2,019,238.71

Net Monthly Excess Cashflow

579,055.27

Page 6 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Collateral Report

COLLATERAL

Total

Loan Count:

Original

935

Prior

919

Prefunding

Scheduled Paid Offs

-0

Full Voluntary Prepayments

-16

Repurchases

-0

Liquidations

-0

Current

903

Principal Balance:

Original

403,847,742.23

Prior

398,382,635.20

Prefunding

0.00

Scheduled Principal

-312.23

Partial Prepayments

(1,304,540.04)

Full Voluntary Prepayments

-5,800,265.31

Repurchases

-0.00

Liquidations

-0.00

Current

393,886,597.70

PREFUNDING

SPACE INTENTIONALLY LEFT BLANK

Page 7 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution


CHARACTERISTICS
CHARACTERISTICS

							Total
Weighted Average Coupon Original							7.99586%
Weighted Average Coupon Prior							7.99586%
Weighted Average Coupon Current							8.09194%
Weighted Average Months to Maturity Original							400
Weighted Average Months to Maturity Prior							400
Weighted Average Months to Maturity Current							399
Weighted Avg Remaining Amortization Term Original							400
Weighted Avg Remaining Amortization Term Prior							400
Weighted Avg Remaining Amortization Term Current							399
Weighted Average Seasoning Original							4.57
Weighted Average Seasoning Prior							4.57
Weighted Average Seasoning Current							5.57

Page 8 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution


ARM CHARACTERISTICS
ARM CHARACTERISTICS

							Total
Weighted Average Margin Original							3.32987%
Weighted Average Margin Prior							3.32987%
Weighted Average Margin Current							3.33157%
Weighted Average Max Rate Original							9.79273%
Weighted Average Max Rate Prior							9.79273%
Weighted Average Max Rate Current							9.79754%
Weighted Average Min Rate Original							3.32987%
Weighted Average Min Rate Prior							3.32987%
Weighted Average Min Rate Current							3.33157%
Weighted Average Cap Up Original							6.46287%
Weighted Average Cap Up Prior							6.46287%
Weighted Average Cap Up Current							6.46597%
Weighted Average Cap Down Original							6.46287%
Weighted Average Cap Down Prior							6.46287%
Weighted Average Cap Down Current							6.46597%




SERVICING FEES & ADVANCES
SERVICING FEES & ADVANCES

							Total




Current Servicing Fees							28,498.15
Delinquent Servicing Fees							95,996.43
TOTAL SERVICING FEES							124,494.57


Total Servicing Fees							124,494.57
Compensating Interest							-20,302.96
Delinquent Servicing Fees							-95,996.43
COLLECTED SERVICING FEES							8,195.19


Total Advanced Interest							1,979,284.49
Total Advanced Principal							0.00
Aggregate Advances with respect to this Distribution							1,979,284.49
Unrecovered Advances							0.00
Non Recoverable Advance							0.00
Servicer Escrow Advances							0.00




ADDITIONAL COLLATERAL INFORMATION
ADDITIONAL COLLATERAL INFORMATION
							Total
Prepayment Interest Shortfall (PPIS)							20,302.96
Compensating Interest							(20,302.96)
Net Prepayment Interest Shortfall (PPIS)							0.00


Ending Pool Stated Principal Balance							393,886,597.70
Weighted Average Net Mortgage Rate							7.703992%





Page 9 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution

Delinquency Report

TOTAL
		< 1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT	Balance		0.00	0.00	0.00	0.00
	% Balance		0.00%	0.00%	0.00%	0.00%
	# Loans		0	0	0	0
	% # Loans		0.00%	0.00%	0.00%	0.00%
FORECLOSURE	Balance	0.00	0.00	0.00	0.00	0.00
	% Balance	0.00%	0.00%	0.00%	0.00%	0.00%
	# Loans	0	0	0	0	0
	% # Loans	0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY	Balance	0.00	0.00	0.00	0.00	0.00
	% Balance	0.00%	0.00%	0.00%	0.00%	0.00%
	# Loans	0	0	0	0	0
	% # Loans	0.00%	0.00%	0.00%	0.00%	0.00%
REO	Balance	0.00	0.00	0.00	0.00	0.00
	% Balance	0.00%	0.00%	0.00%	0.00%	0.00%
	# Loans	0	0	0	0	0
	% # Loans	0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL	Balance	0.00	0.00	0.00	0.00	0.00
	% Balance	0.00%	0.00%	0.00%	0.00%	0.00%
	# Loans	0	0	0	0	0
	% # Loans	0.00%	0.00%	0.00%	0.00%	0.00%

Page 10 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

REO Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 11 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Foreclosure Report

Loan Number

Original

Stated

Current

State &

First

Principal

Paid to

Note

LTV at

Original

Payment

Loan Group

Balance

Date

Rate

Origination

Term

Date

Page 12 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Prepayment Report

VOLUNTARY PREPAYMENTS

Total

Current

Number of Paid in Full Loans

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

Curtailments Amount

(1,304,540.04)

Paid in Full Balance

5,800,265.31

Repurchased Loans Balance

0.00

Total Prepayment Amount

4,495,725.27

Cumulative

Number of Paid in Full Loans

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

Paid in Full Balance

12,316,507.62

Repurchased Loans Balance

0.00

Curtailments Amount

(2,355,675.32)

Total Prepayment Amount

9,960,832.30

Page 13 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution


VOLUNTARY PREPAYMENTS RATES



		Total





SMM	1.13%
3 Months Avg SMM	1.24%
12 Months Avg SMM	1.24%
Avg SMM Since Cut-off	1.24%



CPR	12.73%
3 Months Avg CPR	13.92%
12 Months Avg CPR	13.92%
Avg CPR Since Cut-off	13.92%



PSA	1,143.37%
3 Months Avg PSA Approximation	1,372.23%
12 Months Avg PSA Approximation	1,372.23%
Avg PSA Since Cut-off Approximation	1,372.23%

Page 14 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidation Balance)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))

Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))

Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 15 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution

Prepayment Detail Report

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution


Loan Number		Original			Current	State &	Type Prepayment	First


&	Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Payment

Loan Group	Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

359276455 1		430,000.00	438,046.57	01-Nov-2006	8.558%	CA - 73.88%	Paid Off - 360	01-May-2006
359276455 1		430,000.00	438,046.57	01-Nov-2006	8.558%	CA - 73.88%	Paid Off - 360	01-May-2006
359276486 1		288,000.00	292,091.61	03-Nov-2006	8.558%	CA - 80.00%	Paid Off - 360	01-May-2006
359276508 1		520,000.00	526,632.89	21-Nov-2006	7.808%	CA - 80.00%	Paid Off - 360	01-Jun-2006
359276533 1		260,000.00	266,536.78	21-Nov-2006	8.858%	CA - 74.29%	Paid Off - 480	01-May-2006
359281010 1		352,500.00	349,617.05	16-Nov-2006	8.308%	CA - 75.00%	Paid Off - 360	01-May-2006
359306878 1		436,000.00	439,486.25	17-Nov-2006	8.208%	CA - 80.00%	Paid Off - 360	01-Aug-2006
359306882 1		245,000.00	245,063.54	28-Nov-2006	8.008%	CA - 43.75%	Paid Off - 360	01-Jul-2006
359306933 1		280,500.00	283,979.27	01-Nov-2006	7.875%	WA - 60.32%	Paid Off - 360	01-Jun-2006
359306988 1		350,000.00	353,413.85	03-Nov-2006	7.758%	CA - 61.62%	Paid Off - 360	01-Jul-2006
359307104 1		300,000.00	302,612.52	14-Nov-2006	8.158%	CA - 62.76%	Paid Off - 480	01-Jun-2006
359327443 1		380,800.00	383,365.37	20-Nov-2006	7.708%	CA - 70.00%	Paid Off - 360	01-Aug-2006
359327479 1		352,500.00	356,958.78	07-Nov-2006	9.058%	CA - 75.00%	Paid Off - 480	01-Aug-2006
359327526 1		452,000.00	453,431.82	29-Nov-2006	8.500%	CA - 55.46%	Paid Off - 360	01-Sep-2006
359327550 1		366,000.00	369,292.81	07-Nov-2006	8.708%	CA - 74.69%	Paid Off - 360	01-Aug-2006
359327586 1		465,000.00	467,839.72	22-Nov-2006	7.858%	CA - 64.14%	Paid Off - 480	01-Sep-2006
359337025 1		271,200.00	271,896.48	29-Nov-2006	8.258%	CA - 80.00%	Paid Off - 480	01-Oct-2006


TOTAL	5,749,500.00	5,800,265.31

Page 16 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Realized Loss Report

COLLATERAL REALIZED LOSSES

Total

Current

Subsequent Recoveries

0.00

Number of Loans Liquidated

Collateral Principal Realized Loss/(Gain) Amount

0.00

Collateral Interest Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

0.00

Net Liquidation Proceeds

0.00

Cumulative Subsequent Recoveries

0.00

Page 17 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution


DEFAULT SPEEDS

								Total



MDR								0.00%
3 Months Avg MDR								0.00%
12 Months Avg MDR								0.00%
Avg MDR Since Cut-off								0.00%


CDR								0.00%
3 Months Avg CDR								0.00%
12 Months Avg CDR								0.00%
Avg CDR Since Cut-off								0.00%


SDA								0.00%
3 Months Avg SDA Approximation								0.00%
12 Months Avg SDA Approximation								0.00%
Avg SDA Since Cut-off Approximation								0.00%


Loss Severity Approximation for Current Period								0.00%
3 Months Avg Loss Severity Approximation								0.00%
12 Months Avg Loss Severity Approximation								0.00%
Avg Loss Severity Approximation Since Cut-off								0.00%

Page 18 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY

Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)

Conditional Default Rate (CDR): 1-((1-MDR)^12)

SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))

Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)

Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

Average SDA Approximation over period between the nth month and mth month:

AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))

Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)

Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Average Loss Severity Approximation over period between nth month and mth month: Weighted Avg(Loss Severityn,m)

Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.

Dates correspond to distribution dates.

Page 19 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Realized Loss Detail Report

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revision

Loss/(Gain)

TOTAL

Page 20 of 23

HarborView Mortgage Loan Trust Series 2006-SB1

Asset Backed Certificates

December 19, 2006 Distribution

Triggers and Adj. Cert. Report

TRIGGER EVENTS

Total

Stepdown Date Occurred?

Credit Enhancement Percentage (For Stepdown Date)

7.5873%

Applicable % (After October 2012)

14.8000%

Trigger Event In Effect?

Rolling 3-Mon. Delinquency Percentage

0.0000%

Prior Credit Enhancement Percentage

7.5016%

Applicable % ( Prior to October 2012 )

18.5000%

Applicable % of prior Credit Enhancement Percentage

0.0000%

Aggregate Amount of Realized Losses

0.00

Stated Principal Balance as of Cutoff Date

403,847,742.23

Realized Loss Percentage

0.0000%

Servicer Termination Test?

ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

Total

Current LIBOR Rate

5.320000%

Libor Rate Determination Date

11/16/2006

Next LIBOR Rate

0.000000%

Next Libor Rate Determination Date

12/15/2006

Page 21 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution

Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

		CarryOver Amts paid	CarryOver Amts UnPaid	CarryOver Amts	Next PTR
CLASS

	A-1A	0.00	0.00	0.00	5.608%
		0.00	0.00	0.00	5.608%
	A-1B	0.00	0.00	0.00	5.708%
		0.00	0.00	0.00	5.708%
	M-1	0.00	0.00	0.00	5.700%
		0.00	0.00	0.00	5.700%
	M-2	0.00	0.00	0.00	5.720%
		0.00	0.00	0.00	5.720%
	M-3	0.00	0.00	0.00	5.740%
		0.00	0.00	0.00	5.740%
	M-4	0.00	0.00	0.00	5.870%
		0.00	0.00	0.00	5.870%
	M-5	0.00	0.00	0.00	6.000%
		0.00	0.00	0.00	6.000%
	M-6	0.00	0.00	0.00	6.820%
		0.00	0.00	0.00	6.820%
	M-7	0.00	0.00	0.00	7.070%
		0.00	0.00	0.00	7.070%
	C	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%
	P	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%
	R	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%
	ES	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%
	LT-R	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%
	LT-REMIC	0.00	0.00	0.00	0.000%
		0.00	0.00	0.00	0.000%




Page 22 of 23

HarborView Mortgage Loan Trust Series 2006-SB1



Asset Backed Certificates
Asset Backed Certificates
December 19, 2006 Distribution

Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
							Total
Current Scheduled Payments							2,686,717.70
Current Scheduled Payments 1 Month Prior							2,690,924.18
Current Scheduled Payments 2 Month Prior							0.00
Current Scheduled Payments 3 Month Prior							0.00
Current Scheduled Payments 4 Month Prior							0.00
Current Scheduled Payments 5 Month Prior							0.00
Current Scheduled Payments 6 Month Prior							0.00
Current Scheduled Payments 7 Month Prior							0.00
Current Scheduled Payments 8 Month Prior							0.00
Current Scheduled Payments 9 Month Prior							0.00
Current Scheduled Payments 10 Month Prior							0.00
Current Scheduled Payments 11 Month Prior							0.00

Delinquent 60+ Scheduled Payments							0.00
Delinq. 60+ Sched. Pmnts, 1 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 2 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 3 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 4 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 5 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 6 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 7 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 8 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 9 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 10 Month Prior							0.00
Delinq. 60+ Sched. Pmnts, 11 Month Prior							0.00





Page 23 of 23

HarborView 2006-SB1 10-D